To be more accurate when talking online its better to distinguish between who is intended to be in charge (capitalism vs socialism) and what political systems are in place to implement it.
China for example has some state capitalist characteristics meaning the state is ran in part and for the owners of capital. This is where some of their strongest economic intervention its policies stem from.
Another example would be community cooperatives operating outside of the state. They clearly are not “capitalistic” by their nature but also are not a form of central planning.
Another weird breakdown of these dichotomyies are inside of a megacorps operations, which while the corp is clearly owned by, and operated by the owners of capital (as virtual representation of shares) internally it is ran as centrally planned entity with no free market between departments (though some entities do expirment with heavily regulated market like Amazon does).
Tldr
Its a complicated subject, but boiling everything down to a false dichotomy based on 50 years of evidence does it a huge disservice. A better one to separate the intended stakeholders and what is the intended ways allowed for conflict resolution and coordination.
A socialist business (exanple worker owned cooperatives)
A capitalistic business (publically traded companies)
Of course most modern organizations have multiple interest groups so you can have a state that has both capitalist favored laws, and working class and small business owner and NGO and etc etc
To be more accurate when talking online its better to distinguish between who is intended to be in charge (capitalism vs socialism) and what political systems are in place to implement it.
China for example has some state capitalist characteristics meaning the state is ran in part and for the owners of capital. This is where some of their strongest economic intervention its policies stem from.
Another example would be community cooperatives operating outside of the state. They clearly are not “capitalistic” by their nature but also are not a form of central planning.
Another weird breakdown of these dichotomyies are inside of a megacorps operations, which while the corp is clearly owned by, and operated by the owners of capital (as virtual representation of shares) internally it is ran as centrally planned entity with no free market between departments (though some entities do expirment with heavily regulated market like Amazon does).
Tldr
Its a complicated subject, but boiling everything down to a false dichotomy based on 50 years of evidence does it a huge disservice. A better one to separate the intended stakeholders and what is the intended ways allowed for conflict resolution and coordination.
A socialist business (exanple worker owned cooperatives) A capitalistic business (publically traded companies)
Of course most modern organizations have multiple interest groups so you can have a state that has both capitalist favored laws, and working class and small business owner and NGO and etc etc